ATO’s one chance rule positive for small business

Viagra billiger 2013 The Institute of Public Accountants has welcomed the ATO’s proposal of a one chance rule to relieve individuals and small business of first-time tax penalties.

Tastylia Tadalafil Oral Strips Online No Prescription IPA chief executive Andrew Conway said the proposal is clear sign that the ATO recognises that in the past, it may have been too heavy handed on taxpayers trying to do the right thing, by not taking into account individual circumstances.

fxpro opzioni binarie “In real life, mistakes can be made and people should be entitled to learn from their mistakes especially if the individual circumstances are clear that the mistakes were inadvertently made,” said Mr Conway. trading binario grafici “The ATO has the luxury of time and expertise so the balance of power is heavily weighted in their favour.”

binäre optionen devisen Mr Conway said is someone has failed to take reasonable care or failed to lodge an activity statement or an income tax return on time, this proposed rules gives a first-time offender a break.

opcje binarne android “This is a good sign for small business that is time-poor and drowning in regulatory responsibilities,” he said.

principios del sistema de comercio que dicta la omc “The reality is that the ATO remits a substantial number of penalties down the track after they are disputed which normally involves a great deal of time, effort and stress.”

Buy Tastylia (Tadalafil) Without Prescription Online Not levying the penalty in the first instance he said will result in a reduction in the administrative burden facing individuals and small business.

taurus trading opzioni binarie “The ATO is to be commended for this approach and it is a positive sign that the working culture of the ATO is improving,” said Mr Conway.

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